$2,500,000
SOLD JAN 31, 2025
4 Beds
4 Baths
1,872 Sq Ft
2,641 Sq Ft Lot

Recently Sold

$1,335 Per Sq Ft

4% Below List Price

60 Days on Market

Highlights

  • Ocean View
  • Gated Parking
  • Wood Flooring
  • Venice High School Rated A
  • Midcentury Modern Architecture
  • 2-minute walk to Windward Plaza

About This Home

As of January 2025

A rare opportunity just steps from the sand and a block from the iconic Venice sign, this mid-century modern duplex epitomizes beachside living. With ocean views and an unbeatable location, the property features two distinct units: an updated 1-bedroom owner's suite with the opportunity to easily convert to a 2-bedroom, upstairs and a 3-bedroom unit downstairs, offering exceptional rental income with significant upside potential.Set on a spacious lot with a two-car garage onsite and two additional off-street parking spaces accessible via the alley. This property boasts multiple secure patio spaces at the front, middle, and rear of the residence. Recent upgrades include kitchens, resort-style bathrooms, sleek new flooring, upgraded doors, modern lighting, and landscaping.Ideal for an owner-user, the property also presents unique opportunities: convert the existing garage into an ADU with a rooftop deck or reimagine the duplex as a single-family home. Whether for personal enjoyment or leveraging Venice's soaring rental market, this one-of-a-kind offering is primed for endless possibilities. Both units will be delivered vacant.

Last Agent to Sell the Property

Tracy Tutor

Compass License #01326769 Listed on: 11/21/2024

Compass

Co-Listed By

Tammy Ly

Compass License #02167784

Last Buyer's Agent

Dimitre Petrov

CRI License #02071423

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $27,741

Year Built

  • Built in 1957 | Remodeled

Lot Details

  • 2,641 Sq Ft Lot
  • Gated Home
  • Front Yard

Parking

  • 1 Open Parking Space
  • 2 Car Garage
  • Gated Parking
  • Assigned Parking

Property Views

  • Ocean
  • Trees

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 1,872 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Living Room
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Remodeled Bathroom
  • 4 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Location

  • City Lot

Utilities

  • Central Heating
  • Sewer in Street

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 4226-010-008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$27,741

Year Built

Built in 1957 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Style: Mid-Century
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 1872
  • Lot Acreage: 0.0606
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1957
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Recessed Lighting
  • Flooring: Hardwood
  • Appliances: Gas, Microwave
  • Bedrooms: 4
  • Bedroom Features: Primary Bedroom
  • Common Walls: Attached
  • Bathroom Features: Remodeled
  • Kitchen Features: Remodeled
  • Laundry: In Unit
  • Total Bathrooms: 4.00
  • Equipment: Dishwasher, Microwave, Refrigerator, Range/Oven, Washer, Dryer
  • Price Per S Q F T: 1388.89

Exterior Features

  • Other Structures: None
  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: Water, Tree Top, Ocean
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 1
  • Parking Garage: Garage - 2 Car, Gated, Assigned
  • Total Parking: 3

Utilities

  • Cooling: Ceiling Fan
  • Heating: Central
  • Security: Gated
  • Sewer: In Street
  • Water: Public

Lot Info

  • Assessed Improvement Percent: 14.91
  • Assessed Improvement Value: 334654
  • Assessed Land Percent: 85.09
  • Assessed Land Value: 1910324
  • Total Assessed Value: 2244978
  • Assessor Parcel Number: 4226-010-008
  • Lot Description: Front Yard
  • Lot Location: City
  • Lot Size Area: 2641

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Type Of Units: Apartment

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 7, 2017
Sold by
Stepan Jeremiah G
Bought by
Geiger Patricia Marie
Current Estimated Value
$2,502,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,408,750
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 15, 2013
Sold by
Stepan Jeremiah G
Bought by
Stepan Jeremiah G and Stepan Helen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$753,730
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 9, 2004
Sold by
Marks Michael S
Bought by
Stepan Jeremiah G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$862,500
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $2,012,500 Lawyers Title Company
Interfamily Deed Transfer -- Old Republic Title
Grant Deed $1,150,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,408,750 Adjustable Rate Mortgage/ARM
Previous Owner $753,730 New Conventional
Previous Owner $862,500 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2025 01/31/25 Sold $2,500,000 -3.8% $1,335 / Sq Ft
01/20/2025 01/20/25 Pending -- -- --
11/21/2024 11/21/24 For Sale $2,600,000 -- $1,389 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $27,741 $2,335,673 $1,987,500 $348,173
2024 $27,741 $2,289,877 $1,948,530 $341,347
2023 $27,200 $2,244,978 $1,910,324 $334,654
2022 $25,925 $2,200,960 $1,872,867 $328,093
2021 $25,614 $2,157,805 $1,836,145 $321,660
2019 $24,840 $2,093,805 $1,781,685 $312,120
2018 $24,751 $2,052,750 $1,746,750 $306,000
2016 $16,310 $1,354,112 $1,083,294 $270,818
2015 $16,070 $1,333,773 $1,067,022 $266,751
2014 $16,123 $1,307,647 $1,046,121 $261,526
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-465713

The MLS

APN: 4226-010-008